One of the director is holding 29% of the total paid share capital (also voting power to that extent)in M/s. ABC. He is also a director in M/s. XYZ in which he holds 1% of the total paid up share capital.Both the company are private limited company.

M/s. XYZ has granted loan to M/s. ABC. M/s. ABC is paying the interest on the same.

My query

Do the said transaction comes under purview of section 299 of the companies Act 1956?

REgards

Manoj

Hi can anyone tell me, is study materail provided by ICSI is enough for Company law and other theory subjects??


Thanx
&
hAppY DiwAli

Regards
RitiN KharbandA

WHT IS THE SERVICE TAX RATE FOR GOOD TRANSPORT BY ROAD

I have a fixed deposit in a bank for 5 yrs. on interest compound rate. now every year the bank is deducting TDS resulting into cumulative loss of interest on the tds amount.15G form is not applicable in the case.
IS IT POSSIBLE if I deposit cash or cheque for the TDS amount to the bank and in turn without effecting the value of fixed deposit the bank deduct the tds then there will be saving of interest which the bank used to deduct in the name of tds.
Please clearify me with full detail.

Is there any time limit for allotment of shares after applicaion money has been recieved in case of a pvt ltd company?

As per the recent notification is one transfer even within city is allowed?? Is it the correct interpretation of the notification i am drawing out. Plz help??

One Company has paid commission to foreign co. situated in Hong Kong.

Nature of Commission is Sales commission.

Now whether TDS is deductible or not?

If deductible than at what % under which secton??

and If not deductible than exempt under whcich section??

Hi! M a student of ipcc may10 .. N i want to know which book should i refer for (Financial Management ) awill covered all theory & practical Q & ans.
plsssssssssssssssssssssss help me .

Sir

please explain investment covered by 80C,80CCC,80CCD combinely which has the limit of 1.00 lacs

can the taxpayer invest in N.S.C & U.L.I.P beyond the limit of 100000

thanks & Regards
Dilip
9881898023

Is TDS to be deducted on payment made direct to media?

JAYAKRISHNAN